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Home»ALTCOIN NEWS»Coinbase, America’s leading cryptocurrency exchange, begins trading new layer 1 altcoins
ALTCOIN NEWS

Coinbase, America’s leading cryptocurrency exchange, begins trading new layer 1 altcoins

By Crypto FlexsFebruary 3, 20242 Mins Read
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Coinbase, America’s leading cryptocurrency exchange, begins trading new layer 1 altcoins
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Users of Coinbase, the leading U.S. cryptocurrency exchange, can now buy, sell, and hold new tokens from ZetaChain (ZETA), a layer-1 blockchain and smart contract platform.

coinbase Called Launched on February 1st, we are rolling out support for altcoins as an experimental asset label.

Exchanges give this mark to tokens that pose certain risks, such as price fluctuations and order cancellations due to low trading volume and availability.

ZetaChain is a proof-of-stake blockchain designed to allow different blockchain networks to communicate and interact seamlessly with each other. Called The team behind the network;

“ZetaChain aims to establish a new standard for blockchain interoperability where users can access all their assets and data from one wallet on a single platform, regardless of the blockchain they were created or stored on, without any bridges or risky wrapping tokens. do. This includes the Bitcoin network and non-smart contract chains such as Dogecoin.”

Coinbase is adding support for ZETA as the three-year-old blockchain announces the beta launch of ZetaChain mainnet, linking the Bitcoin (BTC), Ethereum (ETH) mainnet, and BNB chains.

“ZetaChain launched in 2021 with the mission to serve as a platform for universal access, simplicity, and utility across all blockchains. “With over 1.8 million community members and over 200 partners, ZetaChain Mainnet Beta will allow ZetaChain to significantly increase its impact on the blockchain community.”

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Image created by: Midjourney

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